One of my colleagues is trying to put together an interview for me with the Wall Street Business Network, and asked me to develop some “talking points” to provide an example of how this might unfold. I just knocked out …
Talking Points for Craig Shields’ Interview with the Wall Street Business Network Read More »
A reader comments on my post on subsidies for the oil companies. Thanks for the additional clarity Craig. Your charts also do not allow for infrastructural benefits. The oil lobby weighed in heavily in favor of our national highway system. …
Externalities are the costs associated with a certain transaction that are not captured in the transaction itself, but are passed along unaccounted for (“externalized”) onto other parties who are often unaware of what’s hitting them, or, at best, unable to …
Since the Industrial Revolution, the pH of the oceans has declined from 8.2 to 8.1, largely due to the absorption of CO2 and the formation of carbonic acid. What’s a lousy 0.1 in the scheme of things? pH is logarithmic, …
Senior energy analyst Glenn Doty shares my euphoria about the recent advancements in solar energy and suspects that the levelized cost of energy (“LCOE” — one of the most important metrics of the value of an energy source) of the …
Here’s an article that is consistent with the theme of my current book project ( “Bullish on Renewable Energy – Eleven Reasons Why Clean Energy Investors Can’t Lose”): the cost of generating renewable energy has fallen to the point that …
There are a great number of different ways to address the long-term environmental damage, climate disruption in particular, posed by our civilization’s consumption of fossil fuels. The problem, obviously, is an economic one.
Those of us who had hoped for agreements that would leave some of the Earth’s fossil fuels safely in the planet’s crust are a little less confident in the success of such arrangements today than we were last week, before …
Oil Exploration, the Amazon Rain Forest, and the Migration to Renewable Energy Read More »
It’s the 95th anniversary of the tax on gasoline, in the U.S., at least (Oregon, 1919). Of course, its original justification was the idea that those who drove should pay for the construction of roads, which seems as reasonable today …
I sympathize with those tasked with putting a precise dollar figure on the externalities of fossil fuels. Sure we know there are costs to society in terms of lung damage and long-term environmental damage, but what are they? The story …
Estimating the Externalities of Fossil Fuels Isn’t an Easy Job Read More »
